AVP, National Accounts Strategic Initiatives & Capabilities
Job ID: R-35308
Job Category: Underwriting,
Location: Hartford, CT
Workplace Arrangement: Hybrid
Posted Date: March 25, 2024
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Who Are We?
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Compensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$162,200.00 – $267,700.00
Target Openings
1
What Is the Opportunity?
As AVP, National Accounts Strategic Initiatives, you will contribute to the National Accounts, Risk Management Information Services (RMIS) and Residual Markets Division (RMD) businesses and financial/operational performance by developing strategies, utilizing your program management expertise, and applying your comprehensive understanding of the commercial business to ensure the development of appropriate business strategies and execution of those strategies. You are responsible for co-facilitating development and communication of long-term business strategies and establishing strategic alignment and deployment of program and portfolio management. You will be a key liaison between National Accounts, RMIS, and RMD with the Business Capabilities Office (BCO). This role reports to the President, National Accounts and has a dual reporting relationship into the head of the Business Capabilities Office (BCO). This position will manage a small team responsible for the execution of strategic initiatives.
What Will You Do?
- Develop and manage a holistic view of high priority initiatives and operational objectives across National Accounts, RMIS and RMD and will facilitate the development of long-term business strategies.
- Develop, implement, and execute on strategic priorities and create alignment to maximize the effectiveness of strategic investments and initiatives.
- Partner closely with the BCO and Business Process Management (BPM) teams to ensure operating model optimization.
- Play a key role in leading the market strategic planning process, coordinating market assessments (in partnership with Enterprise Market Research (EMR), and ensuring alignment across National Accounts, RMIS and RMD.
- Lead market prioritization and ensure resource plan adequacy and alignment.
- Anticipate needs, address issues, and manage key initiatives to advance the business agenda. This will include engaging the National Accounts field organization, service partners, IM&A, etc.
- Drive complex initiatives involving multiple disciplines and/or ambiguous issues, ensuring consistency and alignment with National Accounts, RMIS and RMD’s overall strategy and appetite.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- 10 or more years of experience in Insurance, Financial Services, program management, strategic initiatives, finance or related discipline.
- Solid understanding of Commercial Insurance businesses and strategies.
- Experience working with advanced project-management methodologies.
- Experience in developing strong, trusted partnerships with senior executives and constituent partners.
- Able to create, manage and communicate integrated plans/multi-year roadmaps and work with the business to create and drive a solid business case for all initiatives.
- Strong organization, communication, facilitation, and conflict resolution skills.
- Deep understanding of and appreciation for business, business intelligence/analytics, and technology components of program management.
- Strong change leadership skills with the ability to create an inclusive environment, manage conflict and develop solutions to mitigate risk.
- Strong leadership skills directly manage a team.
- Ability to establish and maintain an environment where new ideas and solutions are solicited, evaluated, and implemented.
- Strategic planning expertise and capability to readily see patterns and connections in a complicated environment.
- Ability to challenge effectively and bring diverging points of view together (business & technical perspectives).
- Ability to influence at all levels of the organization to drive consensus and gain buy-in.
What is a Must Have?
- 8 years of insurance or financial services industry experience with experience in project/program management, strategic initiatives, or related discipline.
What Is in It for You?
- Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
- Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
- Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Employment Practices
Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.
In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.
Careers at Travelers
When you work at Travelers, life’s most important moments become your life’s work. That means helping families feel secure, businesses to prosper, knowing that you’ve made a difference, and feeling like you belong to something bigger. It also means being part of a team comprised of 30,000 + talented and passionate people that are evolving to meet changing needs – from customer service to data science and beyond. If that’s more than you imagined in an insurance career, it’s time to join us at Travelers.
$712,000 raised by employees through our virtual Community Connections Campaign in 2021
92 homes built to FORTIFIED standards in 7 states through our partnership with SBP in 2021
85,000 meals prepared and delivered to individuals in need in 2021.
$24 Million donated to the communities where we live and work globally in 2021$3.4 million in funding provided to 33 organizations focused on arts and culture in 2021
Proud To Be Recognised
